Peoples Perspective

Weekly Auction Results: 2/19/23-2/25/23

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There were 18 tracts of land offered at public auction in Iowa February 19-25, 2023, 17 of which sold during bidding. During these auctions, there was a total of 2,158 acres available for purchase and of those acres, 86% were tillable. Iowa Results Tracts Sold: 17 Average $/Acre:...

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What is a 1031 Exchange?

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Photo Credit: Getty Images   Section 1031 of the Internal Revenue Code provides real property owners with a major tax-deferral and reinvestment opportunity that can be utilized by investors to build long-term growth in their real estate portfolio. Section 1031 establishes a procedure...

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Weekly Auction Results: 2/12/23-2/18/23

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There were seven tracts of land that were offered at public auction in Iowa February 12-18, 2023. During these auctions, there was a total of 910 acres available for purchase and of those acres, 98% were tillable. Iowa Results Tracts Sold: 7 Average $/Acre: $12,914 Average $/Tillable:...

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Agricultural Real Estate Market - 2022 Year Review and 2023 Outlook

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Macro-economic factors drive real estate markets, and over the last 24 months, several of these factors have shown significant changes. Let’s take a deeper dive into commodity prices (specifically corn and soybean), input costs (specifically fertilizer), inflation, and the U.S. Discount...

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Weekly Auction Results: 2/5/23-2/11/23

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There were 20 tracts of land that were offered at public auction in Iowa February 5-11, 2023. During these auctions, there was a total of 2,006 acres available for purchase and of those acres, 91% were tillable.There were 20 tracts of land that were offered at public auction in Iowa February...

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Crawfish Season in Louisiana

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  LAISSEZ LES BONS TEMPS ROULER February in Louisiana ushers in crawfish season, a time of year that every Louisiana resident looks forward to all year round. Whether you like them boiled, fried, or cooked in your Mama’s étouffée, if you’re a Louisianian, you...

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Weekly Auction Results: 1/29/23-2/4/23

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There were 20 tracts of land that were offered at public auction in Iowa January 29 – February 4, 2023. During these auctions, there was a total of 2,007 acres available for purchase and of those acres, 89% were tillable. Iowa Results Tracts Sold: 20 Average $/Acre: $12,091 Average...

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Land Auction Results - January 2023

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There were 64 tracts of land that sold at auction in January 2023. During these auctions, there was a total 6,326 acres available for purchase and of those acres, 90% were tillable acres. Iowa Results Tracts Sold: 64 Acres Sold: 6,326 Average $/Acre: $11,894 Average $/Tillable: $13,601 Average...

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Peoples Company Announces 2022 Top Achievement Awards

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  Peoples Company, a full-service land transaction and management business licensed in all major agricultural regions, announced its top achievement award winners for 2022. The winners were revealed and presented with a plaque at the company’s annual holiday party in January. Among...

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Land Investment Monthly - February 2023

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Photo Credit: Tannen Maury/Shutterstock   2023 Land Expo Speakers Address the End of the World, Fertilizer Markets, and More The 16th annual Land Investment Expo hosted by People's Company in Des Moines, Iowa, boasted record attendance and a full agenda of nationally recognized...

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